Valuechain - Nigeria's foremost Online Energy News Platform

The National Assembly has come under heavy criticism for the swift approval of President Bola Tinubu’s loan requests, raising Nigeria’s debt profile to an alarming N138 trillion. Experts and stakeholders have expressed concerns over…
Read More...

The naira appreciated on the strength of external borrowing approval, FX intervention, and sustained increase in external reserves. Increased demand for foreign currencies in Nigeria has caused the naira to lose its allure. On…
Read More...

Nigeria’s hydropower infrastructure has faced significant challenges over the last three years, as recurring national grid failures have cost Kanji and Jebba power plants approximately N30.5 billion. These failures, caused by technical…
Read More...

Nigeria’s inflation has gone beyond raising rates and implementing other monetary instruments in anticipation of a decline, according to Adeola Adenikinju, president of the Nigerian Economic Society (NES). Adenikinju said while the…
Read More...

Nigerian DisCos The House of Representatives on Wednesday called for a minimum of N500 billion recapitalisation threshold for the 11 Electricity Distribution Companies (DisCos) in the country to remain operational. In response to…
Read More...

...To Boost Oil Production A report by Arise News reveals that the Nigerian government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), is set to enforce the ‘drill or drop’ clause enshrined in the Petroleum…
Read More...

•Targets 80,000 bpd by end of 2025 In a major boost for Nigeria’s crude oil production, revenue generation, and economic growth efforts, NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate crude oil blend,…
Read More...

... As NNPC Moves To Import 1.6 Billion Litres Of Petrol A Coalition of Civil Society Organisations has vowed to go on protest over the decision by the Nigeria National Petroleum Company Limited (NNPC), to import over 1.6 billion…
Read More...

Crude Oil According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s oil reserves have declined by 50 billion barrels over the past 14 years. According to the NUPRC, oil reserves shrank from 38 billion…
Read More...

Forex Economic analysts have indicated that while the nominal value of the 2025 budget has significantly increased, it has decreased by 18.25 per cent in dollar terms compared to the 2022 estimate. They stated this following the…
Read More...